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Seven people from four continents have thrown their hats in the ring to become the next International Maritime Organization secretary general. Since launching the process to elect a successor to Kitack Lim last December, Panama’s Arsenio Dominguez, Nancy Karigithu from Kenya, Turkey’s Suat Hayri Aka, Dominica’s Cleopatra Doumbia-Henry and Moin Uddin Ahmed from Bangladesh have …
https://splash247.com/seven-states-enter-race-for-imo-secretary-general-spot/
https://splash247.com/seven-states-enter-race-for-imo-secretary-general-spot/Cyprus-based bulker and boxship owner Castor Maritime has offloaded another ageing unit for a profit in a very short period of time. The Nasdaq-listed firm has sold its 2005-built panamax bulker to an unrelated third party. The 76,600 dwt vessel was bought from Pavimar in 2019 for around $10m and is now being sold for $13.95m. …
https://splash247.com/castor-maritime-flips-another-vintage-bulker/
https://splash247.com/castor-maritime-flips-another-vintage-bulker/Wintershall Dea has completed its acquisition of a 37% non-operated participating interest in the oil-producing Hokchi Block offshore Mexico. The German company is now the second-largest interest holder in the block after operator Hokchi Energy, a subsidiary of Pan American Energy. AINDA holds the remaining 3.6% share. “The acquisition and the significant production we are …
https://splash247.com/wintershall-dea-acquires-37-share-in-hokchi-block-offshore-mexico/
https://splash247.com/wintershall-dea-acquires-37-share-in-hokchi-block-offshore-mexico/Houston-based KBR announced on Monday that its Canadian entity, KBR Industrial Canada, has received a letter of intent from Equinor Canada for the front-end engineering design (FEED) of the topside facilities of the new Bay Du Nord floating production, storage and offloading facility (FPSO) to be located offshore Newfoundland, Canada. The agreement includes an option …
https://splash247.com/kbr-awarded-feed-contract-for-equinor-bay-du-nord-fpso-project/
https://splash247.com/kbr-awarded-feed-contract-for-equinor-bay-du-nord-fpso-project/Turkish tycoon Ali Bekmezci, and his Beks Ship Management, continue to emerge as the buyer of older tanker units. So far this year, the outfit has had seven ships coming in while one ship has been shipped out. The active Turk is now identified as the taker of the STX-built, 74,000 dwt Energy Champion for …
https://splash247.com/beks-seals-another-tanker-deal/
https://splash247.com/beks-seals-another-tanker-deal/Stolt Tankers’ joint venture in China, Shanghai SC-Stolt Shipping has placed an order at Wuchang Shipbuilding for the construction of two chemical tankers. The first of the 9,200 dwt newbuilds is scheduled to be delivered at the end of 2024 and the second in early 2025. No price has been revealed for the duo which …
https://splash247.com/stolt-tankers-and-junzheng-logistics-jv-taps-wuchang-shipbuilding-for-pair-of-chemical-tankers/
https://splash247.com/stolt-tankers-and-junzheng-logistics-jv-taps-wuchang-shipbuilding-for-pair-of-chemical-tankers/The more complex a piece of legislation is, the more loopholes exist that can lead to distortions, evasion, and carbon leakage, writes Harilaos Psaraftis, a professor at Technical University of Denmark. Per a recent article by Lloyd’s Register, and according to the provisions of the forthcoming FuelEUMaritime regulation, “a pool of ten boxships could avoid …
https://splash247.com/the-risks-of-regulatory-complexity/
https://splash247.com/the-risks-of-regulatory-complexity/The International Seabed Authority will start accepting applications in July from companies that want to mine the ocean's floor, a decision that came after the U.N. body spent the past two weeks debating standards for the new and controversial practice.Deep-sea mining would extract cobalt…
https://www.marinelink.com/news/un-start-taking-deepsea-mining-504091
https://www.marinelink.com/news/un-start-taking-deepsea-mining-504091Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited."This follows the completion of the combination of the company's businesses and Keppel Offshore & Marine Ltd on February 28…
https://www.marinelink.com/news/sembcorp-marine-proposes-name-change-504092
https://www.marinelink.com/news/sembcorp-marine-proposes-name-change-504092Danish shipping company J. Lauritzen said it signed letter of intent for construction of minimum two methanol dual-fuel 81,200 dwt Kamsarmax bulk carriers, which will be built by Tsuneishi Shipbuilding, Japan, and be capable of trading with zero carbon emissions when powered by green methanol…
https://www.marinelink.com/news/j-lauritzen-orders-two-methanol-dualfuel-504093
https://www.marinelink.com/news/j-lauritzen-orders-two-methanol-dualfuel-504093